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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15

  1. 682 Posts.
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    Deutscher's job is to blow wind up their arses and tell them about shiny things while plundering their pockets.

    There is no way someone will pay $200m for this. But do we care? If someone paid $100m they could give their market cap back as a return of capital and have $50m in the bank. Wouldn't that be a dream.

    And the question as to why someone doesn't just bid for the company? I've been told that the major shareholders would not accept any bid at any price - they don't understand the idea of operating in the best interests of shareholders. I've been told explicitly that they would reject a $200m bid even though this a 5x uplift.

    This company is not run for the benefit of shareholders.
 
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